High time frame, gold has formed a cup and handle since 2011, recently breaking out above the handle with a potential price target and all time high of $2,550 price target.
Currently rising above 20 EMA, continuing to reflect strength in face of extreme market uncertainty, runaway inflation, impending FED rate hikes, and rising bond yields.
Currently rising above 20 EMA, continuing to reflect strength in face of extreme market uncertainty, runaway inflation, impending FED rate hikes, and rising bond yields.
